Hartford Financial downgraded by Citigroup with a new price target
$HIG
Property-Casualty Insurers
Finance
Citigroup downgraded Hartford Financial from Buy to Neutral and set a new price target of $114.00 from $116.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/6/2025 | $130.00 → $135.00 | Equal Weight → Overweight | Barclays |
| 10/4/2024 | $113.00 → $121.00 | Buy → Neutral | BofA Securities |
| 9/5/2024 | $130.00 | Equal Weight | Barclays |
| 6/28/2024 | $116.00 → $114.00 | Buy → Neutral | Citigroup |
| 1/10/2024 | $132.00 | Outperform | TD Cowen |
| 1/8/2024 | $94.00 → $91.00 | Overweight → Neutral | JP Morgan |
| 11/16/2023 | Perform | Oppenheimer | |
| 10/5/2023 | $85.00 | Hold | Deutsche Bank |
4 - HARTFORD FINANCIAL SERVICES GROUP, INC. (0000874766) (Issuer)
4 - HARTFORD FINANCIAL SERVICES GROUP, INC. (0000874766) (Issuer)
4 - HARTFORD FINANCIAL SERVICES GROUP, INC. (0000874766) (Issuer)
Tooker to oversee all property-and-casualty businesses The Hartford appointed Tooker as the company's president. In this new role, he will add Personal Lines to his current position overseeing Small Commercial, Middle & Large Commercial and Global Specialty, as well as Enterprise Sales & Distribution and Risk Services. This will align all of the company's property-and-casualty businesses under his leadership. In addition, Tooker will also be responsible for stewarding a number of enterprise-wide initiatives. The change is effective Feb. 1, 2025, and Tooker will continue to report to The Hartford's Chairman and CEO Christopher Swift. This press release features multimedia. View the full r
The Hartford appointed Annette Rippert to the company's board of directors, effective Feb. 18, 2025. She will serve on the board's Finance, Investment and Risk Management Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250106219385/en/Annette Rippert (Photo: Business Wire) "Annette's visionary leadership in technology, data and artificial intelligence make her a valuable addition to our board," said The Hartford's Chairman and CEO Christopher Swift. "Her extensive experience driving growth, particularly in leveraging AI and data analytics, will be instrumental as we continue to expand our market presence and further ou
The Hartford today announced the appointment of Kathleen Winters to the company's board of directors, effective July 1, 2024. She will serve on the board's Finance, Investment and Risk Management Committee as well as the Audit Committee. The company also announced that Edmund Reese, who was recently named chief financial officer of Aon, resigned from The Hartford's board of directors, effective May 31, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240604994794/en/Kathleen Winters (Photo: Business Wire) "Having served as CFO for two large, public companies, Kathleen brings a combination of C-suite experience, deep financia
SC 13G/A - HARTFORD FINANCIAL SERVICES GROUP, INC. (0000874766) (Subject)
SC 13G/A - HARTFORD FINANCIAL SERVICES GROUP, INC. (0000874766) (Subject)
SC 13G/A - HARTFORD FINANCIAL SERVICES GROUP, INC. (0000874766) (Subject)
The Hartford's Board of Directors today declared a dividend of $375 on each of the Series G preferred stock (equivalent to $0.375 per depository share) payable on Feb. 18, 2025, to Series G preferred stock shareholders of record at the close of business on Feb. 1, 2025. About The Hartford The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at https://www.thehartford.com. The Hartford Financial Services Group, Inc., (NYSE:HIG
Increased quarterly common dividend per share by 11% Third quarter 2024 net income available to common stockholders of $761 million ($2.56 per diluted share) increased 18% from $645 million ($2.09 per diluted share) over the same period in 2023. Core earnings* of $752 million ($2.53 core earnings per diluted share*) increased 6% from $708 million ($2.29 core earnings per diluted share) over the same period in 2023. Net income ROE for the trailing 12 months of 20.0% and core earnings ROE* of 17.4%. Property & Casualty (P&C) written premiums rose 10% in third quarter 2024, driven by Commercial Lines and Personal Lines premium growth of 9% and 12%, respectively. Commercial Lines third
AM Best has assigned indicative Long-Term Issue Credit Ratings of "a-" (Excellent) to senior unsecured issues, "bbb+" (Good) to senior subordinated issues and "bbb" (Good) to junior subordinated and preferred stock on the recently filed shelf registration of The Hartford Financial Services Group, Inc. (The Hartford) (Delaware) (NYSE:HIG). The outlook assigned to these Credit Ratings (ratings) is positive. Concurrently, AM Best has withdrawn the ratings on the previous shelf registration that expired. All other ratings of The Hartford and its insurance subsidiaries are unchanged. The Hartford's adjusted financial leverage and earnings before interest, preferred dividends and taxes coverage
8-K - HARTFORD FINANCIAL SERVICES GROUP, INC. (0000874766) (Filer)
8-K - HARTFORD FINANCIAL SERVICES GROUP, INC. (0000874766) (Filer)
10-Q - HARTFORD FINANCIAL SERVICES GROUP, INC. (0000874766) (Filer)
Barclays upgraded Hartford Financial from Equal Weight to Overweight and set a new price target of $135.00 from $130.00 previously
BofA Securities downgraded Hartford Financial from Buy to Neutral and set a new price target of $121.00 from $113.00 previously
Barclays initiated coverage of Hartford Financial with a rating of Equal Weight and set a new price target of $130.00
Tooker to oversee all property-and-casualty businesses The Hartford appointed Tooker as the company's president. In this new role, he will add Personal Lines to his current position overseeing Small Commercial, Middle & Large Commercial and Global Specialty, as well as Enterprise Sales & Distribution and Risk Services. This will align all of the company's property-and-casualty businesses under his leadership. In addition, Tooker will also be responsible for stewarding a number of enterprise-wide initiatives. The change is effective Feb. 1, 2025, and Tooker will continue to report to The Hartford's Chairman and CEO Christopher Swift. This press release features multimedia. View the full r
The Hartford appointed Annette Rippert to the company's board of directors, effective Feb. 18, 2025. She will serve on the board's Finance, Investment and Risk Management Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250106219385/en/Annette Rippert (Photo: Business Wire) "Annette's visionary leadership in technology, data and artificial intelligence make her a valuable addition to our board," said The Hartford's Chairman and CEO Christopher Swift. "Her extensive experience driving growth, particularly in leveraging AI and data analytics, will be instrumental as we continue to expand our market presence and further ou
The Hartford's Board of Directors today declared a dividend of $375 on each of the Series G preferred stock (equivalent to $0.375 per depository share) payable on Feb. 18, 2025, to Series G preferred stock shareholders of record at the close of business on Feb. 1, 2025. About The Hartford The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at https://www.thehartford.com. The Hartford Financial Services Group, Inc., (NYSE:HIG